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Hong Lai Huat enters into MOU with Cambodia Hei Shi Mineral to collaborate on exploration & mining of mineral resources

Felicia Tan
Felicia Tan6/8/2021 7:44 PM GMT+08  • 2 min read
Hong Lai Huat enters into MOU with Cambodia Hei Shi Mineral to collaborate on exploration & mining of mineral resources
The collaboration has an estimated investment value of US$20 million ($26.5 million).
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Hong Lai Huat’s wholly-owned subsidiary, HLH Agriculture (Cambodia) has, on June 8, entered into a memorandum of understanding (MOU) with Cambodia Hei Shi Mineral Co to collaborate on the exploration and mining of mineral resources at the Cambodia-Singapore Agriculture Hub.

The collaboration has an estimated investment value of US$20 million ($26.5 million).

The MOU states that both HLH Agriculture and Cambodia Hei Shi Mineral regard one another as a strategic partner and will focus on the following aspects within the next three months to enter into a binding agreement.

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